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StopBanks Blog
February 15, 2010
Loan Modification Success Case
Name of Lender: American Home Mortgage Servicing Inc. (AHMSI)
 
Client’s original interest: 8.375%
Client’s original payment: $2,592.47


With lenders finding every reason not to modify loans, we found a way to make sure this client received the best possible modification available.  With an interest rate of 8.375% and a mortgage of $2,592.47, the client was pleased with the following outcome.

New interest rate: 5.00%
New Payment: $1,939.38


“Thank you Legal Debt Solutions, you have saved me so much money!”  This is the response from our well deserved client and his family who has been struggling through this tough economy.  The adjustment has allowed for them to save $653.09 a month.

“$653 may not be a lot of money for some, but it sure adds up.  We can pay off some debt and start saving more”, stated the client.  Saving money has been a problem for those who purchased any type of real estate within the past few years.

Legal Debt Solutions looks forward to helping more individuals on a daily basis to ensure they get the best service and modifications plans that their lender has to offer.  
 

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